The acquisition of the Bank of Canada’s division of Optical Security Material was described by Brett as a “relatively small, but pretty interesting one.”

According to Brett, the purchase will lower costs for Fortress and make them more competitive. They will be able to produce something themselves that they had to go elsewhere to buy in the past, which in turn will allow them to push forward with their business.

Last week, Patt Bolland – host of BNN’s Trading Day – talked to Brian Pow, vice president of research and equity analyst for Acumen Capital, about Fortress Paper’s new PM1 upgrade and discussed how this change will have a positive effect on the company’s future.